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econometric literature on structural estimation using a nonparametric analog of a policy invariant parameter; to generate a … fundamental asymmetry intrinsic to the method of instrumental variables is noted. Recent advances in IV estimation allow for …
Persistent link: https://www.econbiz.de/10012467411
This paper considers the use of instrumental variables to estimate the mean effect of treatment on the treated. It reviews previous work on this topic by Heckman and Robb (1985, 1986) and demonstrates that (a) unless the effect of treatment is the same for everyone (conditional on observables),...
Persistent link: https://www.econbiz.de/10012473631
This paper considers the recent case for randomized social experimentation and contrasts it with older cases for social experimentation. The recent case eschews behavioral models, assumes that certain mean differences in outcomes are the parameters of interest to evaluators and assumes that...
Persistent link: https://www.econbiz.de/10012475241